Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Australian Dollar/Canadian Dollar
Short
Mar 9, 2016
AUDCAD Bearish Engulfing at Resistance
1
Grab this chart
Grab this chart
Three main reasons for selling:
1. Very long at resistance
2. Psychological level of 1.00
3. Current body engulfs previous candle body
Entry at current levels: 0.99
Stop Loss: Above the high of candle, 1.007
Take Profit: Trailing exit but ideally 0.96
CryptoSushiX
Follow
AUDCAD
Engulfing Candle
wick
CryptoSushiX
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.